News
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Trump’s global trade war is now officially live and markets are crashing
President Donald Trump has officially launched a global trade war, sending markets into chaos and wiping out billions overnight. On Tuesday, the US slapped heavy tariffs on imports from Mexico, Canada, and China, with Trump confirming that no more negotiations will take place.Cryptopolitan
Tue, Mar 4
Crude oil price today: WTI price bearish at European opening
West Texas Intermediate (WTI) Oil price falls on Tuesday, early in the European session. WTI trades at $67.67 per barrel, down from Monday’s close at $68.11. Brent Oil Exchange Rate (Brent crude) is also shedding ground, trading at $70.82 after its previous daily close at $71.28.
Fxstreet
Tue, Mar 4
Volvo Cars total sales rise 1% in February, EV sales fall
COPENHAGEN, March 4 (Reuters) - Volvo Cars VOLCARb.ST sold 50,662 cars in February, up 1% from a year earlier, the Sweden-based company said on Tuesday, as sales of its electric vehicles declined for the month.Volvo Cars, which is majority-owned by China's Geely Holding, said in a statement sales...Reuters
Tue, Mar 4
Euro zone bond yields fall as U.S. tariffs take effect
LONDON, March 4 (Reuters) - Euro zone bond yields fell in early trading on Tuesday as traders reacted to U.S. President Donald Trump's new 25% tariffs on imports from Mexico and Canada taking effect and duties on Chinese goods doubling.
Reuters
Tue, Mar 4
Ukrainian lawmaker says Trump military aid pause looks like attempt to push Kyiv towards capitulation
KYIV, March 4 (Reuters) - U.S. President Donald Trump's pause of all military aid to Ukraine looks like he is trying to push Kyiv towards capitulation on Russia's terms, a senior Ukrainian lawmaker said on Tuesday."To stop aid now means to help (Russian President Vladimir) Putin," Oleksandr...Reuters
Tue, Mar 4
AUD/JPY trades near 93.00, downside risks appear amid tariff concerns
AUD/JPY continues its decline, hovering around 92.80 during early European trading on Tuesday. The Australian Dollar (AUD) remains under pressure after the White House confirmed that US President Donald Trump signed an order raising tariffs on Chinese imports to 20%. Given China’s crucial role as...
Fxstreet
Tue, Mar 4
Trump says Japan, China cannot keep reducing value of their currencies
Weak Japan, Chinese currencies 'unfair' to U.S., Trump saysSolution to weak-currency policies is tariffs, Trump saysJapan says it is not adopting policies to directly weaken yenChina keeps guiding yuan firmerBy Leika Kihara and Makiko Yamazaki March 4 (Reuters) - U.S. President Donald Tru...Reuters
Tue, Mar 4
Trump and TSMC announce $100 billion plan to build five new US factories
WASHINGTON, March 3 (Reuters) - Taiwan semiconductor company TSMC plans to make a fresh $100 billion investment in the United States that involves building five additional chip facilities there in coming years, its CEO announced with President Donald Trump on Monday.
Reuters
Tue, Mar 4
Solana memecoins in red: Popcat and Dogwifhat shed $140M as TRUMP’s token tumbles 80% from all-time high
Solana memecoin sector valuation declined by $2 billion in 24 hours to hit $8.1 billion in early Asian trading on Tuesday.Technical indicators highlight key levels to watch as Popcat, Dogwihat and Trump emerge top losers.
Fxstreet
Tue, Mar 4
BREAKINGVIEWS-Only a takeover will unlock Seven & i's full value
By Hudson Lockett HONG KONG, March 4 (Reuters Breakingviews) - The best guide to what Seven & i 3382.T should do next lies in its falling market value. Shares of the Japanese convenience store owner shed 10% on Tuesday after Yomiuri Shimbun reported, without citing sources, that the company w...Reuters
Tue, Mar 4
Trump's China tariffs trigger retaliation against U.S. farm products
BEIJING, March 4 (Reuters) - China has decreased its reliance on imports of U.S. farm goods since the trade war during President Donald Trump's first term, a trend that is poised to continue after Beijing on Tuesday announced tariffs on a range of agricultural products in response to fresh U.S. tari
Reuters
Tue, Mar 4
Didi's self-driving unit to seek funds at $5 billion valuation, Bloomberg News reports
March 4 (Reuters) - China's largest ride-hailing company Didi Global 92Sy.D is seeking fresh capital for its autonomous driving unit that could value it at about $5 billion, Bloomberg News reported on Tuesday, citing people familiar with the matter.Reuters
Tue, Mar 4
Dogecoin Price Bounces Off Key Reversal Zone, Analyst Reveals Where It’s Headed
Dogecoin has rebounded strongly after hitting a crucial support level, reinforcing bullish expectations laid out in a recent technical analysis. The popular meme cryptocurrency, which suffered a sharp decline last week, has defied concerns of an extended decline by bouncing off the $0.16896...
Oil prices slide on Ukraine aid pause, tariffs and OPEC+ output increase
BEIJING, March 4 (Reuters) - Oil prices continued to fall in on Tuesday after U.S. President Donald Trump paused military aid to Ukraine and as markets braced for U.S. tariffs on Canada, Mexico and China to take effect.Reuters
Tue, Mar 4
